Mazagon Dock Shipbuilders gains on reporting 29% rise in Q3 consolidated net profit
Mazagon Dock Shipbuilders is currently trading at Rs. 2238.00, up by 6.15 points or 0.28% from its previous closing of Rs. 2231.85 on the BSE.
The scrip opened at Rs. 2251.00 and has touched a high and low of Rs. 2438.00 and Rs. 2211.10 respectively. So far 834718 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2929.98 on 05-Jul-2024 and a 52 week low of Rs. 898.55 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 2438.00 and Rs. 2170.00 respectively. The current market cap of the company is Rs. 92583.78 crore.
The promoters holding in the company stood at 84.83%, while Institutions and Non-Institutions held 3.01% and 12.16% respectively.
Mazagon Dock Shipbuilders has reported 29.87% rise in net profit at Rs 768.22 crore for Q3FY25 as compared to Rs 591.54 crore for the same quarter in the previous year. Total income of the company increased by 30.37% at Rs 3430.06 crore for Q3FY25 as compared to Rs 2631.08 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 28.76% rise in its net profit at Rs 807.04 crore for the quarter ended December 31, 2024 as compared to Rs 626.78 crore for the same quarter in the previous year. Total income of the company increased by 30.37% at Rs 3430.06 crore for Q3FY25 as compared to Rs 2631.08 crore for the corresponding quarter previous year.
